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THORChain RUNE |
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€0.5046675 |
-2.12% (24h) |
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Marketcap |
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€166,109,122 |
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Volume 24h |
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€4,350,306 |
Description
THORChain (RUNE) is a decentralized cross-chain liquidity protocol that allows users to swap native assets between different blockchains without using "wrapped" tokens. It functions like a decentralized exchange (DEX) for the entire crypto ecosystem, enabling trades between Bitcoin, Ethereum, and others in a trustless manner. The RUNE token is the essential fuel of the network, acting as a pairing asset in every liquidity pool and being used to secure the network through staking by validators. By providing a truly decentralized way to move value across different chains, THORChain is a vital piece of infrastructure for the multichain future.